2005 Annual Limits Relating to Financial Planning – Employer Retirement Plans

Elective deferrals for 401(k), 403(b), 457 and SAR-SEPs $14,000
401(k), 403(b), 457 and SAR-SEP Catch-Up Contribution $4,000
Defined Contribution Plan Limit $42,000
SEP IRA Contribution $42,000
Maximum Annual Defined Benefit Limit $170,000
SIMPLE IRA and SIMPLE 401(k) Contribution $10,000
SIMPLE IRA and SIMPLE 401(k) Catch-Up Contribution $2,000
Maximum Includable Compensation $210,000
Highly Compensated Employee $95,000
Key Employee $135,000
SEP Minimum Earnings Limit $450
PBGC maximum Monthly Benefit $3,801.14

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